I never liked the idea of working for someone else.. putting pressure on you ughh.. I did that when I started in my pursuit of trading and did not like that at all.

Experience as a trader

Price wise it's pretty much all on the same level except FXCM which had complaints lately that can be seen on their forum here and it's easily to detect price gaping because metatrader is 3rd party brokers can't manipulate it. Metatrader does not ...

Tim's £500 marathon. Goal £1 million

This happened once again Pre-2004. Pre-metatrader when brokers quoted different prices. Initially Some started with $100 per pip right off the bat.. some started with $50.. per pip some started with $20 either-way whoever started whichever was up to ...

Tim's £500 marathon. Goal £1 million

Yes, that's what I said. I did not say anything about being "lost" revenues for either side client or broker due to leverage. I stated that high leverage was used in order to open positions to make large amounts of money which is a fact. (try not to ...

Tim's £500 marathon. Goal £1 million

I never said Lost nor anything you've just said..So you please stop putting words in my mouth. Stop twisting what I am saying into whatever it is your putting together. are you trying to troll me? cause sure seems like it.

Tim's £500 marathon. Goal £1 million

but leverage allows you to take $100 per pip on $1000 account balance.. and then it does allow you to grow.. that account regardless of methodology to high rise key and point. Its been done regardless of risk and stops and anything else.. I am not ...

Tim's £500 marathon. Goal £1 million

Some are..FXCM was on that food chain.. They didn't offer 5000:1 but they offered pretty high leverage.. back in the day along with others but a lot of them died in 2007 crash.. then the rest withered and died overtime. Forex used to be a lot more ...

Tim's £500 marathon. Goal £1 million

You either forgetting or not aware back in the day you had 1000:1 leverage and even 5000:1 leverage it was doable. Its been done.. if you don't believe it *shrug* Look it up. Its pre 2004. I'll even go into more details assume your at $100 per pip ...

Tim's £500 marathon. Goal £1 million

Its not the case anymore. Brokers are now on same wavelength to stay competitive. In the past however, you would compare broker prices this was PRE-Metatrader brokers had their own platforms and you would sign up for multiple brokers and compare ...

Tim's £500 marathon. Goal £1 million

It used to be called gun slinging.. Anyone who would trade like that would be basically a cowboy.. What they would do is like Pips said 10 standard lots which equals to $100 per pip.. and they would scalp but there was more to it back in the day.. ...

Tim's £500 marathon. Goal £1 million

Just to put some perspective lol Goal $1 million current $1000 balance left to go.. $999000. I don't think any myths have been broken yet just saying lol. I'm not trying to be that guy lol, but I am keeping perspective going on here. That were in ...

Tim's £500 marathon. Goal £1 million

I'll toss in my 2 cents and say this.. 10 years from now I'll still be here -- but will see if you will be ? Why because its been 10 years and I'm still here.. But technically its been 14 years.. Am I a millionaire - no. am I offended by you - no. ...

Tim's £500 marathon. Goal £1 million

wow old thread classic post though. priceless.

LOST 7K$ in one week, help!

I think the true essence of this thread and the many similar threads MANY similar threads! Is people who don't get it, starting looking for understanding of why, and when they can't lead to a logical conclusion the next best thing is an illogical ...

Profiting from an unpredictable market?

I hope good tears So you basically if I am getting it right saying that you would in essence take a hedged position on the same currency both buying and selling, but manage it through different time frames?

When Price is UP, buy; when Price is Down, sell short...

The problem that will occur is the contradiction of price.. Higher Time frames take a longer period of time to "turn around" and when it does "turn around" you don't actually know if its doing that OR if its just doing a pull back, the problem is ...

When Price is UP, buy; when Price is Down, sell short...

I think you have something interesting here. I have my own system, but I like to observe. I see potential it does make sense and can see good results.

When Price is UP, buy; when Price is Down, sell short...

Another week more experience observed. I hope everyone had a productive week Fridays are usually very rough and this is the last Friday of the month. Was a bit of rumors today and some volatility. I closed my CAD/JPY Position, I had it on for a week ...

Experience as a trader

quote from the article :"This gave us the chance to play with those high up the ladder and poke them with a very long and cheap stick" My stick is so long and so cheep it will make girls cringe Its a good article and babypips did an ...

What should you be doing?